Axis Bank Kandhamal Kandhamal Orissa MICR CODE

Find MICR Codes for Axis Bank Kandhamal Kandhamal Orissa

MICR Code
Bank Axis Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch G Udayagiri
Contact 260185
Bank Details Axis Bank G Udayagiri UTIB0003654
Location Kandhamal, Kandhamal
City Kandhamal
District Kandhamal
State Orissa
Pincode 762100
Country IN
Address Plot no 2139 2140 khata no 884 g udayagiri main road kandhamal
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 762211503 for G Udayagiri branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 762211503 of Axis Bank, G Udayagiri branch makes the system almost error free and faster. Use of Axis Bank MICR codes for G Udayagiri branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Axis Bank are available with micr code -

>>G Udayagiri

MICR code for Axis Bank G Udayagiri

Axis Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Axis Bank MICR code for G Udayagiri is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 762211503 is the MICR code of Axis Bank for G Udayagiri branch. MICR code for G Udayagiri branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Axis Bank G Udayagiri is presented in the table alongside.

Use of Axis Bank MICR code for G Udayagiri branch in kandhamal

The MICR code 762211503 is used in RBI cheque clearing process to identify the branch G Udayagiri and Axis Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Axis Bank is typically in either of these two font’s: E-138 and CMC-7.

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